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Colossal Six Months for Offshore Wind Support Renewable Energy Investment in First Half of 2020

from BloomberNEF

Colossal Six Months for Offshore Wind Support Renewable Energy Investment in First Half of 2020 BloomberNEF Renewable energy capacity investment showed great resilience in the first half of 2020, in the face of the unprecedented economic shock caused by the coronavirus, according to the latest figures from research company BloombergNEF (BNEF). The data, drawn from BNEF’s world-leading database of deals and projects, show that one sub-sector of renewables — offshore wind — had by far its busiest half year ever for final investment decisions, and this more than offset declines in investment in solar, onshore wind and biomass. READ MORE

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